Hybrid Financial Services Ltd Announces Unaudited Financial Results for Quarter and Nine Months Ended 31st December 2025

Hybrid Financial Services Ltd, formerly known as Mafatlal Finance Company Limited, has announced its unaudited financial results for the quarter and nine months ended 31st December 2025. The announcement follows the approval of the scheme of arrangement of merger of wholly owned subsidiary company Maximus Securities Limited with the company by the National Company Law Tribunal (NCLT). The merger is effective from 1st April 2024. The company's principal business is stock broking and allied businesses. The company has applied for transfer of the stock broking activity in its name and the approval from Securities and Exchange Board of India has been awarded. In the meantime, the license of the merged subsidiary is considered as the principal business activity. The company has complied with Ind AS 12 ‘Income Tax’ issued by The Institute of Chartered Accountants of India for Deferred Tax and Current Tax. The company has unabsorbed depreciation and carry forward losses under the Income Tax Act, 1961. In the absence of clear visibility of future earnings, the company has not recognized Deferred Tax.